(no need explanation only answer will be fine , Thanks)

1.A price consumption path is derived by

a. connecting all of the tangency points holding utility constant as the price of a good changes

b. connecting all of the tangency points holding real income constant as the price of a good changes

c. connecting all of the tangency points as the price of both goods change proportionately

d. none of the above

2.The difference between the economic and accounting costs of a firm are:

a. the opportunity costs of the factors of production that the firm owns.

b. the sunk costs incurred by the firm.

c. the accountant's fees.

d. the explicit costs of the firm.

e. the corporate taxes on profits .